Starwood Property Trust (STWD) Set to Announce Earnings on Wednesday

Share on StockTwits

Starwood Property Trust (NYSE:STWD) is set to release its earnings data before the market opens on Wednesday, August 7th. Analysts expect Starwood Property Trust to post earnings of $0.50 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, May 8th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.24). The business had revenue of $310.50 million during the quarter, compared to analysts’ expectations of $302.52 million. Starwood Property Trust had a net margin of 30.74% and a return on equity of 10.53%. Starwood Property Trust’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 EPS. On average, analysts expect Starwood Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

STWD opened at $22.75 on Tuesday. The firm has a fifty day simple moving average of $23.02. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of 10.78 and a beta of 0.58. Starwood Property Trust has a 12-month low of $19.16 and a 12-month high of $23.37. The company has a debt-to-equity ratio of 2.27, a current ratio of 3.14 and a quick ratio of 3.14.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.44%. Starwood Property Trust’s payout ratio is currently 91.00%.

Separately, Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Thursday, July 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Starwood Property Trust currently has an average rating of “Buy” and an average target price of $24.25.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

Further Reading: Leveraged Buyout (LBO) Explained

Earnings History for Starwood Property Trust (NYSE:STWD)

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

RLJ Lodging Trust  Set to Announce Quarterly Earnings on Wednesday
RLJ Lodging Trust Set to Announce Quarterly Earnings on Wednesday
True North Commercial  Scheduled to Post Earnings on Wednesday
True North Commercial Scheduled to Post Earnings on Wednesday
Pan American Silver  Set to Announce Quarterly Earnings on Wednesday
Pan American Silver Set to Announce Quarterly Earnings on Wednesday
Coeur Mining  Scheduled to Post Earnings on Wednesday
Coeur Mining Scheduled to Post Earnings on Wednesday
WhiteHorse Finance  Scheduled to Post Quarterly Earnings on Wednesday
WhiteHorse Finance Scheduled to Post Quarterly Earnings on Wednesday
Spectrum Brands  Scheduled to Post Quarterly Earnings on Wednesday
Spectrum Brands Scheduled to Post Quarterly Earnings on Wednesday


© 2006-2019 Ticker Report